2226 Wilmore DrCharlotteNC28203
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Charlotte at 2226 Wilmore Dr, Charlotte, NC, 28203 earns from $3,438/mo rent with a $3,181/mo payment. Total monthly income totals $3,438/mo. ROI tracks 17.13% on current figures, and rental yield reads 6.35% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 87.75% and total cumulative return in cash sums $187,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,438/mo property income instead of your personal income.
Single Family
Built in 1938
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28203, Charlotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,849 (100%) |
| Owner Occupied HU | 3,366 (20.0%) |
| Renter Occupied HU | 10,649 (63.2%) |
| Vacant Housing Units | 2,834 (16.8%) |
| Median Home Value | $804,390 |
| Average Home Value | $879,402 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
4,189
Multi-Family
7,374
Businesses
1,656
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Listed by: Mitchell Hurley • Charlotte Living Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304995